Liberty Shoes news and archive

Liberty Shoes expects to report 35 to 45 percent revenue drop this fiscal

Footwear firm Liberty Shoes is expecting up to 35-45 percent decline in its revenues in the current fiscal due to Covid-19. “Amid coronavirus pandemic, footfall at stores has dropped significantly as customers are avoiding public places and encouraging social distancing,” said Liberty Shoes Executive Director (Retail) Anupam Bansal in a...

RetailPress Release

GOODBYE, SHOES TRENDS OF 2019 BY LIBERTY SHOES!

Shoe trend that became big in 2019 The fashion trend in 2019 was very aesthetic and a very classy one. People wore shoes with bright textiles with different embellishments such as starfish etc, this was also seen on the runway of Michael Kors runway as well. A lot of experimentation was seen and apart from the regular trends like flip flops in...

Apparel

Liberty Shoes expands reach in southern states

Liberty Shoes is carrying out retail expansion in the southern states as a part of its plan of opening 100 new storesevery financial year. Till September, Liberty opened 40 new shops across the country. The focus is on states where the company is yet to make strong headway. It aims to open stores in Andhra Pradesh, Karnataka, Tamil Nadu and...

Apparel

Liberty targets 20 percent revenue growth this fiscal

Liberty Shoes is targeting a revenue growth of about 20 percent this fiscal and reaching around Rs600 crores on the back of aggressive retail and product expansion. Liberty is also expecting a turnover of Rs 50 crores from its ecommerce business. The footwear brand plans to launch 300-500 new styles in its footwear categories. The company is...

Apparel

Liberty Shoes Q1 net profit up Rs 3.32 cr

Liberty Shoes has reported financial results for first quarter ended June 30, 2014 with net sales of Rs 101.98 crores compared to Rs 112.93 crores during the same quarter, last year. The company has posted net profit of Rs 3.32 crore for the period under review against Rs 3.29 crore for the period ended June 30, 2013. The company reported EPS of...

Apparel

Liberty to open 100 outlets through franchise route

Liberty Shoes is planning to open over 100 outlets through the franchise route in places like Bhavnagar, Rajouri, Sambha, Haldwani, Kanpur, Sitapur, Gorakhpur, Maharajpur, Jhansi, Udaipur, Vijaywada, Kakinada, Vizag, Jabalpur, Bhopal and Indore. The aim is to expand presence in areas having more than four lakh population. The company wants to...

Apparel

Liberty Retail Revolutions merges with Liberty Shoes

Liberty Shoes (LSL) and Liberty Retail Revolutions have merged their operations to strengthen retail presence in the country. With a decade of experience behind them, Liberty Revolutions has been reaching out to customers directly through over 90 exclusive retail showrooms. The company reported an annual turnover of Rs 90 crores in the fiscal...

Apparel

Liberty achieves production of over one crore footwear

Liberty Group has recently announced it has become the first brand to have crossed the one crore pairs of footwear figure. The announcement was made during a fashion show at Karnal where a mega pair of footwear was unveiled by the management of the group. The event was organised for distributors and channel partners of Liberty across the...

Apparel

Liberty opens 100th store at Growel's 101 mall

Liberty Shoes has expanded its footprint in Mumbai by opening its 100th store at Growel’s 101 Mall in Kandivali. Spread over a 1,562 square foot area, the new store offers many stylish footwear brands. The 50-year-old brand known for its stylish designs has outlets in more than 25 countries. Along with trendy and formal footwear for the youth,...

Apparel

Liberty Shoes Q3 net profit rises to Rs 3.23 crore

Liberty Shoes has announced the financial results for the period ended December 31, 2013 net sales/income from operations of Rs 110.45 crores against Rs 90.10 crores for the quarter ended December 31, 2012. The net profit was at Rs 3.23 crore for the quarter against Rs 1.77 crore for the same quarter last year. The company has reported an EPS of...

Apparel

Liberty Shoes strengthening its market hold

Liberty Shoes, the leading footwear company has established a strong presence with aggressive retail expansion strategy in place. In the first six months of this financial year, the company added 50 new stores and plans are on to add the same number of stores by March 2014. At present, Liberty has a network of 422 stores in more than 120 cities....

Apparel

Liberty Shoes Q2 net sales rise to Rs 3.03 crore

Liberty Shoes has registered net sales/income from operations of Rs 104.81 crores for the quarter ended September 30, 2013 as against Rs 70.29 crores for the same quarter in 2012. The net profit stood at Rs 3.03 crore for the quarter ended September 30, 2013 as against Rs 0.07 crore for the quarter ended September 30, 2012. The company has...